Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.
Appears in 32 contracts
Samples: Credit Agreement (Dream Finders Homes, Inc.), Credit Agreement (World Fuel Services Corp), Credit Agreement (Five Point Holdings, LLC)
Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect to its properties companies or associations in such amounts and business against loss or damage of the kinds customarily insured against covering such risks as are usually carried by Persons companies engaged in the same or a similar businessbusiness and similarly situated, of such types and in such amounts as are customarily carried under similar circumstances by such other Personswhich insurance may provide for reasonable deductibility from coverage thereof.
Appears in 30 contracts
Samples: Revolving Credit Agreement (Kura Sushi Usa, Inc.), Credit Agreement (Willis Lease Finance Corp), Credit Agreement (Aerocentury Corp)
Maintenance of Insurance. Maintain The Company will maintain, with financially sound responsible and reputable insurance companiesinsurers, insurance with respect to its properties and business, in such amounts and covering such risks, as is carried generally in accordance with sound business against loss or damage of the kinds customarily insured against practice by Persons engaged companies in similar businesses in the same or similar business, of such types and localities in such amounts as are customarily carried under similar circumstances by such other Personswhich the Company is situated.
Appears in 24 contracts
Samples: Securities Purchase Agreement (Blue Water Petroleum Corp.), Conversion and Loan Modification Agreement (Arkanova Energy Corp.), Securities Offering Agreement (Arkanova Energy Corp)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrower and its Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 18 contracts
Samples: Libor Hardwire Transition Amendment (Frontier Communications Parent, Inc.), Credit Agreement (Frontier Communications Parent, Inc.), Credit Agreement (Frontier Communications Parent, Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrower and the Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 13 contracts
Samples: Term Loan Agreement (United Natural Foods Inc), Term Loan Agreement (United Natural Foods Inc), Credit Agreement (Catalent, Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrower and the Restricted Subsidiaries or otherwise consistent with past practices) as are customarily carried under similar circumstances by such other Persons.
Appears in 12 contracts
Samples: Credit Agreement (West Corp), Credit Agreement (West Corp), Credit Agreement (West Corp)
Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect to its properties companies or associations in such amounts and business against loss or damage of the kinds customarily insured against covering such risks as are usually carried by Persons companies engaged in the same or a similar business, of such types business and in such amounts as are customarily carried under similar circumstances by such other Personssimilarly situated.
Appears in 12 contracts
Samples: Credit Agreement (Hampshire Group LTD), Credit Agreement (Hampshire Group LTD), Credit Agreement (Hampshire Group LTD)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons.
Appears in 12 contracts
Samples: Credit Agreement (Premier, Inc.), Credit Agreement (Premier, Inc.), Credit Agreement (Verisk Analytics, Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Company and the Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 11 contracts
Samples: Credit Agreement (UTAC Holdings Ltd.), Credit Agreement (Sungard Data Systems Inc), Credit Agreement (Sungard Capital Corp Ii)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance) as are customarily carried under similar circumstances by such other Persons.
Appears in 9 contracts
Samples: Credit Agreement (Keurig Green Mountain, Inc.), Cash Bridge Credit and Guaranty Agreement (Actavis PLC), Revolving Credit and Guaranty Agreement (Actavis PLC)
Maintenance of Insurance. Maintain Maintain, with financially sound and reputable insurance companies, insurance with respect to its properties in such amounts and business against loss or damage of the kinds customarily insured against such risks as are maintained by Persons companies engaged in the same or similar business, of such types and businesses operating in such amounts as are customarily carried under the same or similar circumstances by such other Personslocations.
Appears in 9 contracts
Samples: Term Loan Credit Agreement (Henry Schein Inc), 364 Day Credit Agreement (Henry Schein Inc), Credit Agreement (Henry Schein Inc)
Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect to its properties companies or associations in such amounts and business against loss or damage of the kinds customarily insured against covering such risks as are usually carried by Persons companies engaged in the same or a similar business, of such types business and in such amounts as are customarily carried under similar circumstances by similarly situated and such other Personsinsurance as reasonably required by the Banks.
Appears in 7 contracts
Samples: Credit Agreement (Hampshire Group LTD), Credit Agreement (Hampshire Group LTD), Credit Agreement (Hampshire Group LTD)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as Holdings, Borrower and the Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 7 contracts
Samples: Loan Agreement (Travelport LTD), Credit Agreement (Travelport LTD), Credit Agreement (Travelport LTD)
Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect to its properties companies or associations in such amounts and business against loss or damage of the kinds customarily insured against covering such risks as are usually carried by Persons companies engaged in the same or a similar businessbusiness and similarly situated, of such types and in such amounts as are customarily carried under similar circumstances by such other Personswhich insurance may provide for reasonable deductibility from its coverage.
Appears in 6 contracts
Samples: Convertible Note Acquisition Agreement (Cuidao Holding Corp), Loan Agreement (Surgical Safety Products Inc), Loan Agreement (Cuidao Holding Corp)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companiesindependent insurers, insurance with respect to its properties Properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.
Appears in 6 contracts
Samples: Term Loan Agreement (Plum Creek Timber Co Inc), Revolving Credit Agreement (Plum Creek Timber Co Inc), Credit Agreement (Plum Creek Timber Co Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons of established reputation engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons of established reputation engaged in the same or similar businesses as the Borrower and its Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 5 contracts
Samples: First Lien Credit Agreement (Evoqua Water Technologies Corp.), First Lien Credit Agreement (Evoqua Water Technologies Corp.), First Lien Credit Agreement (Evoqua Water Technologies Corp.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrower and its Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 5 contracts
Samples: Credit Agreement (Michael Foods Group, Inc.), Credit Agreement (Michael Foods Inc/New), Credit Agreement (Michael Foods Inc/New)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons and to the extent available on commercially reasonable terms; provided that the Borrower and its Material Subsidiaries may self-insure to the same extent as such other Persons.
Appears in 5 contracts
Samples: Revolving Credit Agreement (Pmi Group Inc), Bridge Loan Credit Agreement (Pmi Group Inc), Revolving Credit Agreement (Pmi Group Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by similarly situated Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance) as are customarily carried under similar circumstances by such other Persons, provided that the Company and any of its Significant Subsidiaries may maintain a program of self insurance in accordance with sound business practices.
Appears in 5 contracts
Samples: Revolving Credit Agreement (Hasbro Inc), Revolving Credit Agreement (Hasbro Inc), Revolving Credit Agreement (Hasbro Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companiescompanies (which may include a financially sound and reputable captive insurance company that is an Affiliate of the Parent), insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, businesses and owning similar properties of such types and in such amounts with such deductibles and covering such risks, as are customarily carried under similar circumstances by such other Persons.
Appears in 5 contracts
Samples: Short Term Revolving Credit Facility Credit Agreement (Gilead Sciences Inc), Credit Agreement (Gilead Sciences Inc), Credit Agreement (Gilead Sciences Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, companies insurance with respect to on its properties property in at least such amounts and business against loss or damage of the kinds customarily at least such risks as are usually insured against in the same general area by Persons companies engaged in the same or a similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.
Appears in 5 contracts
Samples: Credit Agreement (Apollo Asset Management, Inc.), Credit Agreement (Apollo Global Management LLC), Credit Agreement (Apollo Global Management LLC)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as Parent and the Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 5 contracts
Samples: Credit Agreement (Freescale Semiconductor, Ltd.), Credit Agreement (Freescale Semiconductor Holdings I, Ltd.), Credit Agreement (Freescale Semiconductor Holdings I, Ltd.)
Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and companies in such amounts and against such risks as are customarily is usually carried under by responsible companies engaged in similar circumstances by such other Personsbusinesses and owning similar assets in the general areas in which the Borrower and its Subsidiaries operate except to the extent that the Borrower or a Subsidiary is, in the reasonable opinion of a Designated Officer, adequately self-insured in a manner comparable to responsible companies engaged in similar businesses and owning similar assets in the general areas in which the Borrower and its Subsidiaries operate.
Appears in 5 contracts
Samples: Credit Agreement (Avery Dennison Corp), Credit Agreement (Avery Dennison Corp), Credit Agreement (Avery Dennison Corp)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Parents, the Borrower and the Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 4 contracts
Samples: Credit Agreement (Utz Brands, Inc.), Credit Agreement (Utz Brands, Inc.), First Lien Term Loan Credit Agreement (Collier Creek Holdings)
Maintenance of Insurance. Maintain (at its own expense) insurance with financially sound and reputable insurance companies, as well as insurance in such amounts, with respect to its properties such limitations or deductibles, against such risks, and business against loss or damage in such form as are customarily maintained by companies of the kinds customarily insured against by Persons established repute engaged in the same or similar business, of such types and businesses operating in such amounts as are customarily carried under the same or similar circumstances by such other Personslocations.
Appears in 4 contracts
Samples: Bridge Loan Agreement (Sandridge Energy Inc), Credit Agreement (Sandridge Energy Inc), Bridge Loan Agreement (Sandridge Energy Inc)
Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companiescompanies or maintain a self-insurance program, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.
Appears in 4 contracts
Samples: Credit Agreement (TimkenSteel Corp), Credit Agreement (Timken Co), Credit Agreement (Timken Co)
Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect to its properties companies or associations in such amounts and business against loss or damage of the kinds customarily insured against covering such risks as are usually carried by Persons companies engaged in the same or a similar businessbusiness and similar situated, of such types and in such amounts as are customarily carried under similar circumstances by such other Personswhich insurance may provide for reasonable deductibility from coverage thereof.
Appears in 4 contracts
Samples: Revolving Credit and Term Loan Agreement (Integrated Circuit Systems Inc), Revolving Credit Loan Agreement (Integrated Circuit Systems Inc), Revolving Credit Loan Agreement (Integrated Circuit Systems Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companiescompanies (which may be Affiliates of the Borrower), insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.
Appears in 4 contracts
Samples: Credit Agreement (Cemex Sab De Cv), Credit Agreement (Cemex Sab De Cv), Credit Agreement (Cemex Sab De Cv)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar businessbusiness in similar location, of such types and in such amounts and subject to such deductibles or self-insured retention levels as are customarily carried under similar circumstances by such other Persons.
Appears in 4 contracts
Samples: Credit Agreement (Bj Services Co), Credit Agreement (Bj Services Co), Credit Agreement (Bj Services Co)
Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companiescompanies or maintain a self-insurance program, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.
Appears in 4 contracts
Samples: Credit Agreement (Timken Co), Credit Agreement (Timken Co), Credit Agreement (Timken Co)
Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companiescompanies or associations, insurance in each case not Affiliates of the Company, with respect to its properties and business against loss or damage of the kinds customarily insured against in such amounts and covering such risks as are usually carried by Persons companies engaged in the same or a similar businessbusiness and similarly situated, of such types and in such amounts as are customarily carried under similar circumstances by such other Personswhich insurance may provide for reasonable deductibility from coverage thereof.
Appears in 3 contracts
Samples: Credit Agreement (Pulse Electronics Corp), Third Amendment Agreement (Pulse Electronics Corp), Second Amendment Agreement (Pulse Electronics Corp)
Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companiescompanies reasonably acceptable to the Agent and not Affiliates of the Loan Parties, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar businessbusiness and operating in the same or similar locations or as is required by Law, of such types and in such amounts as are customarily carried under similar circumstances by such other PersonsPersons and as are reasonably acceptable to the Agent.
Appears in 3 contracts
Samples: First Lien Credit Agreement (Sequential Brands Group, Inc.), Amendment and Restatement Agreement (Sequential Brands Group, Inc.), First Lien Term Loan Agreement (Sequential Brands Group, Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other PersonsPersons and/or maintain a system or systems of self-insurance or assumption of risk which accords with the practices of similar businesses.
Appears in 3 contracts
Samples: Credit Agreement (Barr Pharmaceuticals Inc), Credit Agreement (Barr Pharmaceuticals Inc), Credit Agreement (Barr Pharmaceuticals Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Parent Guarantor and its Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 3 contracts
Samples: Credit Agreement (Warner Chilcott PLC), Credit Agreement (Warner Chilcott PLC), Credit Agreement (Warner Chilcott PLC)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companiescompanies reasonably acceptable to the Agent and not Affiliates of the Loan Parties, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar businessbusiness and operating in the same or similar locations or as is required by Law, of such types and in such amounts as are customarily carried under similar circumstances by such other PersonsPersons and as are reasonably acceptable to the Agent.
Appears in 3 contracts
Samples: Credit Agreement (Lumber Liquidators Holdings, Inc.), Credit Agreement (Rh), Credit Agreement (Rh)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, companies insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons; provided that the Company and its Subsidiaries may instead self-insure to the same general extent as other manufacturing companies of similar size as the Company or such Subsidiary and to the extent consistent with prudent business practice.
Appears in 3 contracts
Samples: Credit Agreement (Donaldson Co Inc), Credit Agreement (Donaldson Co Inc), Credit Agreement (Donaldson Co Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Parents, the Borrowers and the other Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 3 contracts
Samples: Abl Credit Agreement (Utz Brands, Inc.), Credit Agreement (Utz Brands, Inc.), Abl Credit Agreement (Collier Creek Holdings)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by similarly situated Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance) as are customarily carried under similar circumstances by such other Persons; provided that the Company and any of its Significant Subsidiaries may maintain a program of self insurance in accordance with sound business practices.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Hasbro, Inc.), Revolving Credit Agreement (Hasbro, Inc.), Revolving Credit Agreement (Hasbro, Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the BV Borrower and its Restricted Subsidiaries in the same geographic locales) as are customarily carried under similar circumstances by such other Persons.
Appears in 3 contracts
Samples: Credit Agreement (Sensata Technologies Holding N.V.), Credit Agreement (Sensata Technologies Holland, B.V.), Senior Subordinated Term Loan Agreement (Sensata Technologies B.V.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under by companies of a similar circumstances by such other Personssize engaged in similar businesses.
Appears in 3 contracts
Samples: Credit Agreement (Vertex Pharmaceuticals Inc / Ma), Credit Agreement (Vertex Pharmaceuticals Inc / Ma), Credit Agreement (Vertex Pharmaceuticals Inc / Ma)
Maintenance of Insurance. Maintain (either by way of self-insurance or with financially sound and reputable insurance companies), insurance with respect to its properties in such amounts and business against loss or damage of the kinds such risks as are customarily insured against carried by Persons engaged in the same or similar business, of such types and business operating in such amounts the same or similar locations as are customarily carried under similar circumstances reasonably determined by such other Personsthe Borrower.
Appears in 2 contracts
Samples: Credit Agreement (BMC Software Inc), Credit Agreement (BMC Software Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect of such types and in such amounts (after giving effect to its properties any self-insurance reasonable and business against loss or damage of the kinds customarily insured against by customary for similarly situated Persons engaged in the same or similar business, of such types businesses as the Borrower and in such amounts its Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 2 contracts
Samples: Credit Agreement (Refco Information Services, LLC), Credit Agreement (Refco Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Company and its Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 2 contracts
Samples: Credit Agreement (LEM America, Inc), Credit Agreement (UGS PLM Solutions Asia/Pacific INC)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other PersonsPersons or as otherwise required by the Administrative Agent (including, without limitation, environmental pollution insurance policies in effect on the Closing Date).
Appears in 2 contracts
Samples: Credit Agreement (Charah Solutions, Inc.), Credit Agreement (Charah Solutions, Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as STBV and its Restricted Subsidiaries in the same geographic locales) as are customarily carried under similar circumstances by such other Persons.
Appears in 2 contracts
Samples: Credit Agreement (Sensata Technologies Holding PLC), Credit Agreement (Sensata Technologies Holding PLC)
Maintenance of Insurance. Maintain insurance with insurance companies (and, to the Borrower’s knowledge, with such insurance companies that are financially sound and reputable insurance companies, insurance reputable) with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.
Appears in 2 contracts
Samples: Amendment and Restatement Agreement (Analog Devices Inc), Credit Agreement (Analog Devices Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the U.S. Borrower and its Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 2 contracts
Samples: Credit Agreement (Nortek Inc), Credit Agreement (Nortek Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, companies (including self-insurance) insurance with respect to its properties and business against loss or damage of the kinds such casualties and contingencies as are customarily insured against by Persons businesses engaged in the same or similar business, of such types activities in similar geographic areas and in amounts, containing such amounts terms, in such forms and for such periods as are customarily carried under customary for similar circumstances by such other Personsbusinesses in all material respects.
Appears in 2 contracts
Samples: Credit Agreement (Carmax Inc), Credit Agreement (Carmax Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, companies insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.
Appears in 2 contracts
Samples: Credit Agreement (Copart Inc), Credit Agreement (Copart Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar businessSimilar Business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or Similar Businesses as any Obligor and its Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 2 contracts
Samples: Credit Agreement (Igate Corp), Credit Agreement (Igate Corp)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by similarly situated Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance) as are customarily carried under similar circumstances by such other Persons; provided that the Borrower and any of its Significant Subsidiaries may maintain a program of self insurance in accordance with sound business practices.
Appears in 2 contracts
Samples: Term Loan Agreement (Hasbro, Inc.), Term Loan Agreement (Hasbro, Inc.)
Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect companies or associations in such amounts and covering such risks (including but not limited to its properties and business against loss or damage of the kinds customarily insured against coverage for aviation war risk liabilities) as are usually carried by Persons companies engaged in the same or a similar businessbusiness and similarly situated, of such types and in such amounts as are customarily carried under similar circumstances by such other Personswhich insurance may provide for reasonable deductibility from coverage thereof.
Appears in 2 contracts
Samples: Credit Agreement (Willis Lease Finance Corp), Credit Agreement (Willis Lease Finance Corp)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, companies insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance) as are customarily carried under similar circumstances by such other Persons.
Appears in 2 contracts
Samples: Amended and Restated Wc Term Loan Credit and Guaranty Agreement (Actavis PLC), Amendment Agreement (Warner Chilcott LTD)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its material properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar businessbusiness and owning similar properties, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons; provided that each Borrower and its Subsidiaries may self-insure in accordance with good business practice.
Appears in 2 contracts
Samples: Credit Agreement (Life Technologies Corp), Credit Agreement (Life Technologies Corp)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companiescompanies that are not Affiliates of the Company, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (including self-insurance, if adequate reserves are maintained with respect thereto) as are customarily carried under similar circumstances by such other Persons.
Appears in 2 contracts
Samples: Credit Agreement (Seaboard Corp /De/), Credit Agreement (Seaboard Corp /De/)
Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companiescompanies or associations, insurance in each case not Affiliates of the Company, with respect to its properties and business against loss or damage of the kinds customarily insured against in such amounts and covering such risks as are usually carried by Persons companies engaged in the same or a similar businessbusiness and similarly situated, of such types and in such amounts as are customarily carried under similar circumstances by such other Personswhich insurance may provide for reasonable deductibility from coverage thereof.
Appears in 2 contracts
Samples: Credit Agreement (Technitrol Inc), Credit Agreement (Technitrol Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companiescompanies (including through self-insurance or any captive insurance company), insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.
Appears in 2 contracts
Samples: Credit Agreement (Ipsco Inc), Bridge Loan Agreement (Ipsco Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties the Properties and the business conducted thereon against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other PersonsPersons and as are acceptable to the Lender.
Appears in 2 contracts
Samples: Bridge Loan Agreement (Senior Housing Properties Trust), Bridge Loan Agreement (Five Star Quality Care Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, (and with deductibles) of such types and in such amounts as are customarily carried under similar circumstances by are, in the reasonable business judgment of the Borrower, appropriate for a business of the size and character of the Borrower and its Subsidiaries. All such other Personsinsurance shall name the Administrative Agent as additional insured, to the extent applicable.
Appears in 2 contracts
Samples: Credit Agreement (Wendy's Co), Credit Agreement (Wendy's Restaurants, LLC)
Maintenance of Insurance. Maintain with financially sound and ------------------------ reputable insurance companiesinsurers, insurance with respect to its properties and business against loss or damage of the kinds customarily insured Company and its Subsidiaries against by Persons engaged such casualties and contingencies and in the same or similar business, of such types and in such amounts as are customarily carried under shall be in accordance with sound business practices for companies in similar circumstances by such other Personsbusinesses similarly situated.
Appears in 2 contracts
Samples: Credit Agreement (Xtra Corp /De/), Credit Agreement (Xtra Corp /De/)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other PersonsPersons as reasonably determined by Lender; such as workers’ compensation insurance, public liability and property and casualty insurance, which amount shall not be materially reduced in the absence of 30 days’ prior notice to the Lender.
Appears in 1 contract
Samples: Loan Agreement (Solar Power, Inc.)
Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companiescompanies or associations, insurance in each case not Affiliates or Subsidiaries of the Company, with respect to its properties and business against loss or damage of the kinds customarily insured against in such amounts and covering such risks as are usually carried by Persons companies engaged in the same or a similar businessbusiness and similarly situated, of such types and in such amounts as are customarily carried under similar circumstances by such other Personswhich insurance may provide for reasonable deductibility from coverage thereof.
Appears in 1 contract
Samples: Credit Agreement (Technitrol Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrower and the Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.Persons and ensure that
Appears in 1 contract
Samples: Restructuring Support Agreement (Station Casinos Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrower and the Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 1 contract
Samples: Senior Secured Superpriority Debtor in Possession Credit Agreement (Audacy, Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the BV BorrowerSTBV and its Restricted Subsidiaries in the same geographic locales) as are customarily carried under similar circumstances by such other Persons.
Appears in 1 contract
Samples: Credit Agreement (Sensata Technologies Holding PLC)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against in accordance with normal industry practice or by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as Holdings, the Borrower and the Restricted Subsidiaries) as are customarily carried under similar circumstances in accordance with normal industry practice or by such other Persons.
Appears in 1 contract
Samples: Senior Unsecured Bridge Credit Agreement (Polymer Group Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, companies (including self-insurance) insurance with respect to its properties and business against loss or damage of the kinds such casualties and contingencies as are customarily insured against by Persons businesses engaged in the same or similar business, of such types activities in similar geographic areas and in amounts, containing such amounts terms, in such forms and for such periods as are customarily carried under similar circumstances by such other Personsmay be reasonable and prudent.
Appears in 1 contract
Samples: Credit Agreement (Carmax Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the BR Borrower and its Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Company and its Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 1 contract
Maintenance of Insurance. (a). Maintain with financially sound and reputable insurance companiescompanies reasonably acceptable to the Agent and not Affiliates of the Loan Parties, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar businessbusiness and operating in the same or similar locations or as is required by Law, of such types and in such amounts as are customarily carried under similar circumstances by such other PersonsPersons and as are reasonably acceptable to the Agent.
Appears in 1 contract
Samples: Credit Agreement (Restoration Hardware Holdings Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, companies insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self- insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons, except to the extent that failure to do so could not reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Credit Agreement (Sound Point Meridian Capital, Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, companies insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons; provided that the Borrower and its Subsidiaries may instead self-insure to the same general extent as other manufacturing companies of similar size as the Borrower or such Subsidiary and to the extent consistent with prudent business practice.
Appears in 1 contract
Samples: 364 Day Revolving Credit Agreement (Donaldson Co Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companiescompanies (including through self-insurance), insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by (a) Xxxx’x other Subsidiaries, (b) the Company and its Subsidiaries on the date hereof or (c) Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts amounts, with such deductibles and covering such risks as are customarily carried under by companies engaged in similar circumstances by businesses and owing similar properties in localities where Holdings, such other PersonsBorrower or the applicable Subsidiary operates.
Appears in 1 contract
Samples: Credit Agreement (Genpact LTD)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Parent, the Borrower and the Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 1 contract
Maintenance of Insurance. Maintain insurance with respect to the Borrower and its Subsidiaries’ property and business with financially sound and reputable insurance companies, insurance with respect to its properties in such amounts and business against loss or damage of the kinds customarily covering such risks as are usually insured against by Persons similar companies engaged in the same or a similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.
Appears in 1 contract
Samples: Senior Subordinated Convertible Note (EG Acquisition Corp.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as Holdings, Dollarama and their respective Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 1 contract
Samples: Credit Agreement (Dollarama CORP)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companiescompanies that are not Affiliates of the Borrowers, insurance with respect to its their properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.
Appears in 1 contract
Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companiescompanies or maintain a self- insurance program, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.
Appears in 1 contract
Samples: Credit Agreement (Timken Co)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business operations against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar businessoperations, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons, including, without limitation, insurance required pursuant to the terms of the Mortgage.
Appears in 1 contract
Samples: Continuing Covenant Agreement
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other PersonsPersons engaged in similar business or consistent with the Borrower’s past practice.
Appears in 1 contract
Samples: Term Loan and Guarantee Agreement (Evercore Partners Inc.)
Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect to its properties companies or associations in such amounts and business against loss or damage of the kinds customarily insured against covering such risks as are usually carried by Persons companies engaged in the same or a similar businessbusiness and similarly situated, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.which insurance may provide for reasonable deductibility from coverage thereof;
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.Persons engaged in similar business or consistent with the Borrower’s past practice. 7.8
Appears in 1 contract
Samples: Term Loan and Guarantee Agreement
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by similarly situated Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance) as are customarily carried under similar circumstances by such other Persons.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business the Collateral against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Parent Borrower and its Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 1 contract
Samples: Delayed Draw Term Loan Credit and Guaranty Agreement (Varex Imaging Corp)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companiescompanies (which may include a financially sound and reputable captive insurance company that is an Affiliate of the Borrower), insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, businesses and owning similar properties of such types and in such amounts with such deductibles and covering such risks, as are customarily carried under similar circumstances by such other Persons.
Appears in 1 contract
Samples: Term Loan Facility Credit Agreement (Gilead Sciences Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, companies insurance with respect to its material properties and business against loss or damage of such types and in such amounts (after giving effect to any self-insurance consistent with past practice, or reasonable under the kinds customarily insured against by circumstances, and, in either case, customary for similarly situated Persons engaged in the same or similar business, of such types businesses as the Borrower and in such amounts its Restricted Subsidiaries) as are consistent with past practice, or reasonable under the circumstances, and customarily carried under similar circumstances by such other Persons.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Restricted Parties) as are customarily carried under similar circumstances by such other Persons.
Appears in 1 contract
Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect to its companies or associations in such amounts and covering such risks as is customary for companies of established reputation engaged in similar businesses and owning similar properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, general areas in which such member of the Group operates where such types and in such amounts as are customarily carried under similar circumstances by such other Personsinsurance is available on reasonable commercial terms.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrowers and their respective Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 1 contract
Samples: Credit Agreement (MARRIOTT VACATIONS WORLDWIDE Corp)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrowers and the Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 1 contract
Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect to its companies or associations in such amounts and covering such risks as is customary for companies of established reputation engaged in similar businesses and owning similar properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of general areas in which such types and in such amounts as are customarily carried under similar circumstances by such other PersonsGroup Member operates.
Appears in 1 contract
Samples: Term Loan Agreement (Cemex Sa De Cv)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as (after giving effect to any self-insurance)as are customarily carried under similar circumstances by such other Persons.
Appears in 1 contract
Samples: Revolving Credit and Guaranty Agreement (Actavis, Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, or with a captive insurance company that is an Affiliate of the Company as to which the Administrative Agent and the Lenders may request reasonable evidence of financial responsibility, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance) as are customarily carried under similar circumstances by such other Persons.
Appears in 1 contract
Samples: Credit Agreement (Stryker Corp)
Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect to its properties companies or associations in such amounts and business against loss or damage of the kinds customarily insured against covering such risks as are usually carried by Persons companies engaged in the same or a similar business, of such types business and in such amounts similarly situated and as are customarily carried under similar circumstances required by such other Persons.the
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companiescompanies (determined at the time such insurance is obtained), insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under by companies of a similar circumstances by such other Personssize engaged in similar businesses.
Appears in 1 contract
Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect to its properties companies or associations in such amounts and business against loss or damage of the kinds customarily insured against covering such risks as is usually carried by Persons companies engaged in the same or a similar business, of such types business and in such amounts as are customarily carried under similar circumstances by such other Personssimilarly situated.
Appears in 1 contract
Samples: Revolving Credit Agreement (Hi Tech Pharmacal Co Inc)
Maintenance of Insurance. Maintain insurance with financially sound ------------------------------- and reputable insurance companies, insurance with respect to its properties companies or associations in such amounts and business against loss or damage of the kinds customarily insured against covering such risks as are usually carried by Persons companies engaged in the same or a similar businessbusiness and similarly situated, of such types and in such amounts as are customarily carried under similar circumstances by such other Personswhich insurance may provide for reasonable deductibility from coverage thereof.
Appears in 1 contract
Samples: Credit Agreement (Eplus Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companiesinsurers, insurance with respect to its properties and business against loss or damage of the kinds customarily insured Company and its Subsidiaries against by Persons engaged such casualties and contingencies and in the same or similar business, of such types and in such amounts as are customarily carried under shall be in accordance with sound business practices for companies in similar circumstances by such other Personsbusinesses similarly situated.
Appears in 1 contract
Samples: Credit Agreement (Xtra Corp /De/)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar businessSimilar Business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or Similar Businesses as any Obligor and its Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.
Appears in 1 contract
Samples: Credit Agreement (Igate Corp)